
A lack of surface soil moisture and high temperatures in inland Chaco have damaged horticultural crops, including watermelon and squash. The watermelon and melon harvest began with lower-than-expected volumes, and some farm damage may be irreversible.
The drought is reducing production of the affected horticultural crops, but the article provides no clear link to listed feed commodities or their prices.
After 1,964 past weather events, Soybeans moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), and +0.3% over 20.
After 639 past weather events, Soybean Meal moved a median +0.0% over 5 sessions (51% higher; middle half -1.9% to +2.3%), and -0.0% over 20.
After 253 past weather events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -2.0% to +2.4%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.